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Smart Parking Surges: 20% Revenue Boost and 70% Profit Jump in H1 FY25
9:23am on Monday 17th of February, 2025 AEDT
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Technology
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Smart Parking Surges: 20% Revenue Boost and 70% Profit Jump in H1 FY25
9:23am on Monday 17th of February, 2025 AEDT
Key Points
Revenue increased 20% to $31.9 million in H1 FY25
Net profit after tax surged 70% to $3.9 million
Adjusted EBITDA rose 12%, reaching $8.4 million excluding non-recurring items
Global expansion with new operations in Denmark and growth in New Zealand and Germany
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